West Virginia Jobs Investment Trust

Overview

The West Virginia Jobs Investment Trust (WVJIT) is a public venture capital fund established to stimulate economic growth and job creation within the state by providing investment funds to eligible businesses. Since its inception in 1992, WVJIT has been dedicated to supporting entrepreneurs and companies that contribute to the state's economic development. WVJIT primarily invests in early-stage, later-stage, and mature small companies seeking expansion opportunities. The fund emphasizes investments that can create significant employment opportunities while maintaining economic balance. Economic diversification is also a key consideration in their investment strategy. As a minority investor, WVJIT typically does not engage in the day-to-day operations of its portfolio companies but prefers to be an active partner at the Board of Directors level. The fund offers assistance in areas such as corporate strategy development, management team recruitment, and arranging additional capital infusions to support business growth and success.

Investment Focus

• Eligible businesses must be located in West Virginia.
• Companies should demonstrate potential for job creation and economic impact within the state.
• Preference is given to businesses that contribute to economic diversification.

Portfolio Companies